Thomas Peterffy Sells 20,000 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) Stock

Interactive Brokers Group, Inc. (NASDAQ:IBKRGet Rating) Chairman Thomas Peterffy sold 20,000 shares of the firm’s stock in a transaction dated Friday, January 13th. The stock was sold at an average price of $75.61, for a total transaction of $1,512,200.00. Following the completion of the sale, the chairman now directly owns 1,810,605 shares of the company’s stock, valued at $136,899,844.05. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Thomas Peterffy also recently made the following trade(s):

  • On Tuesday, January 17th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $77.40, for a total transaction of $1,548,000.00.
  • On Wednesday, January 11th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $75.71, for a total transaction of $1,514,200.00.
  • On Monday, January 9th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The shares were sold at an average price of $76.04, for a total transaction of $1,520,800.00.
  • On Tuesday, December 13th, Thomas Peterffy sold 400 shares of Interactive Brokers Group stock. The shares were sold at an average price of $75.09, for a total transaction of $30,036.00.
  • On Thursday, December 8th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $76.14, for a total transaction of $1,522,800.00.
  • On Tuesday, December 6th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $77.80, for a total transaction of $1,556,000.00.
  • On Wednesday, November 30th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $80.00, for a total transaction of $1,600,000.00.
  • On Monday, November 28th, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $77.97, for a total transaction of $1,559,400.00.
  • On Friday, November 25th, Thomas Peterffy sold 11,900 shares of Interactive Brokers Group stock. The stock was sold at an average price of $77.57, for a total transaction of $923,083.00.
  • On Tuesday, November 22nd, Thomas Peterffy sold 20,000 shares of Interactive Brokers Group stock. The stock was sold at an average price of $76.79, for a total transaction of $1,535,800.00.

Interactive Brokers Group Trading Down 2.6 %

Shares of NASDAQ IBKR opened at $78.85 on Friday. The firm has a 50 day moving average of $74.95 and a 200 day moving average of $68.86. The firm has a market capitalization of $33.08 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 0.72 and a beta of 0.77. Interactive Brokers Group, Inc. has a 12-month low of $52.18 and a 12-month high of $83.40.

Interactive Brokers Group (NASDAQ:IBKRGet Rating) last announced its earnings results on Tuesday, October 18th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.09. The company had revenue of $790.00 million during the quarter, compared to analyst estimates of $792.70 million. Interactive Brokers Group had a net margin of 9.66% and a return on equity of 3.40%. The firm’s quarterly revenue was up 70.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.78 earnings per share. Sell-side analysts predict that Interactive Brokers Group, Inc. will post 3.92 EPS for the current year.

Interactive Brokers Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 14th. Investors of record on Wednesday, March 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, February 28th. This represents a $0.40 annualized dividend and a yield of 0.51%. Interactive Brokers Group’s dividend payout ratio (DPR) is 12.90%.

Institutional Trading of Interactive Brokers Group

Several large investors have recently added to or reduced their stakes in the business. CWM LLC grew its position in Interactive Brokers Group by 20.5% during the third quarter. CWM LLC now owns 787 shares of the financial services provider’s stock valued at $50,000 after buying an additional 134 shares during the period. Captrust Financial Advisors lifted its holdings in Interactive Brokers Group by 4.1% during the third quarter. Captrust Financial Advisors now owns 3,449 shares of the financial services provider’s stock valued at $220,000 after purchasing an additional 135 shares in the last quarter. Crossmark Global Holdings Inc. lifted its holdings in Interactive Brokers Group by 1.9% during the third quarter. Crossmark Global Holdings Inc. now owns 7,803 shares of the financial services provider’s stock valued at $498,000 after purchasing an additional 143 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Interactive Brokers Group by 40.2% during the third quarter. Fifth Third Bancorp now owns 509 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 146 shares in the last quarter. Finally, FDx Advisors Inc. lifted its holdings in Interactive Brokers Group by 0.9% during the second quarter. FDx Advisors Inc. now owns 19,135 shares of the financial services provider’s stock valued at $1,053,000 after purchasing an additional 177 shares in the last quarter. 97.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on IBKR. Citigroup began coverage on shares of Interactive Brokers Group in a research note on Tuesday, October 11th. They issued a “buy” rating and a $85.00 price target for the company. Barclays lifted their price target on shares of Interactive Brokers Group from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, StockNews.com began coverage on shares of Interactive Brokers Group in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.60.

About Interactive Brokers Group

(Get Rating)

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company specializes in executing, clearing, and settling trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), metals, and cryptocurrencies. It also custodies and services accounts for hedge and mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

Further Reading

Insider Buying and Selling by Quarter for Interactive Brokers Group (NASDAQ:IBKR)

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